Profit

Covirán Reports Growth In Sales, Net Profit In FY 2023

Spanish supermarket cooperative Covirán has reported a 3.2% increase in gross sales to €1.8 billion in its financial year 2023.

El Corte Inglés Reports 5.4% Increase In Full-Year Revenue

El Corte Inglés has closed its 2023-2024 financial year with a 5.4% increase in annual revenue to €16.3 billion.

South Africa's SPAR Finds Buyer For Polish Business, Sees Improved Profitability Ahead

South Africa's second-biggest supermarket retailer, SPAR Group, reported a 7.6% decline in half-year earnings as cost increases grew more than th...

Colruyt Reports Growth In Revenue, Operating Profit In Full Year 2023/24

Belgian retail group Colruyt has reported growth in revenue and operating profit in its financial year 2023/24 amid a challenging and uncertain macroeconom...

Campbell Soup Lifts Annual Net Sales Forecast As Demand Recovers

Campbell Soup raised its forecast for annual net sales growth, banking on a recovery in demand for its ready-to-eat soups and meals and from its acqui...

Hormel Foods Beats Market Expectations On Demand For Higher-Priced Meats

Hormel Foods beat market expectations for second-quarter profit and raised the lower end of its full-year earnings as the Wholly dips maker sees steady dem...

Tereos Posts Record Annual Profit On Strong Sugar Prices

French sugar group Tereos nearly trebled net profit to €448 million ($487 million) in its 2023/24 financial year, it said, helped by higher sugar pric...